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From a push for real-world asset adoption to a continued focus on ZK rollups, here’s what you may be able to expect in the DeFi space in 2023
Many centralized companies have fallen from grace this past year, but the DeFi ecosystem remained intact.
That’s not to say the many insolvencies in the centralized space left DeFi players unscathed — prolonged bear market conditions and damage to consumer trust in cryptoassets hurts — but there has been a silver lining.
What sets DeFi apart is that it’s more “robust, transparent, and scalable than CeFi,” Ryan Rasmussen, a crypto research analyst at Bitwise, previously told Blockworks.
“Events like this spotlight the trade-offs that users make when they choose centralized services over decentralized ones,” he said. “It’s a harsh — and expensive — lesson, but it’s essential. That’s a long-term positive for DeFi.”
As the year comes to a close, Blockworks takes a look at some of the major trends we may see in 2023 as DeFi aims to climb itself out of the bear market.
1. Push toward real-world assets
2. Greater stablecoin adoption - https://www.securitytokenizer.io/stablecoin-development
3. Focus on layer-2 scaling and ZK technology
4. Security and compliance
5. DAO growth
Get a Defi Solutions - https://www.securitytokenizer.io/defi-token-development
Source - https://blockworks.co/news/5-defi-trends-2023
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